Categories: Technology

Lahore’s CBD to attract investment worth Rs100bn

LAHORE: During a meeting regarding Ravi Urban Development Authority (RUDA) and Central Business District (CBD), the Prime Minister was informed that Rs 100 Billion investment is expected in the Central Business District (CBD) in the first year.

invest with imarat

Islamabad’s emerging city centre

Learn More

The Prime Minister ordered the Punjab government to take severe legal action against unlawful encroachments and housing societies. He also directed expediting the transfer process for the RUDA and CBD projects. 

He emphasised that these projects are aimed at improving the socio-economic conditions of a common citizen. The meeting had already been informed that physical construction on both the RUDA and CBD projects is well underway, and the land acquisition process is about to be complete. The Development scheme’s master plan includes 1,900 low-cost housing units.

The Prime Minister also stressed the importance of Green Urbanisation and the inclusion of green spaces to mitigate the negative impacts of pollution.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Fire Engulfs Ski Resort Hotel in Türkiye, Leaving 10 Dead and 32 Injured

ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…

20 hours ago

Vietnam’s Real Estate Market Braces for Growth in 2025

As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…

22 hours ago

Dubai’s Secondary Housing Market Set for Strong Growth in 2025

Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…

22 hours ago

California’s Wildfires Spark an Unforeseen Housing Crunch in Los Angeles

As Los Angeles County grapples with the aftermath of some of the most destructive fires…

1 day ago

CDA Launches New Plant Relocation Initiative

On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…

2 days ago

CDA May Reinitiate Monal Case in Supreme Court

ISLAMABAD: The Capital Development Authority (CDA) has decided to challenge the closure and demolition of…

2 days ago